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Aug 11, 2009
08/09
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they could go to india or china and have lower wages that have lower cost. what is going to keep them? [applause] >> you have raised two very important questions. on cap and trade, the house has passed a bill which i agree with you has a lot of problems. we have not gotten a bill in the senate. we understand the concerns to have race. we will take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax. raised the question of employee's choice. that bill is in the process of being negotiated. there will not be a time line which will be so fast that the people will not have an opportunity to understand what the issue is. you have to maintain a secret ballot, which you agree with. we are trying to work through arbitration. we're very high-minded the concern to have raised. no. 24. yes, sir? >> in 1997, i was diagnosed with a thyroid condition that put me in the hospital in a coma. i need to thank all the taxpayers for paying for four years of hospitalization for me because i did not have a plan by could afford at th
they could go to india or china and have lower wages that have lower cost. what is going to keep them? [applause] >> you have raised two very important questions. on cap and trade, the house has passed a bill which i agree with you has a lot of problems. we have not gotten a bill in the senate. we understand the concerns to have race. we will take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax. raised the question of employee's choice....
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Aug 11, 2009
08/09
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CNN
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a 7.6 hit india ocean near the indian islands triggering a tsunami watch. >>> right now, the white house is working on a list of 50 new guidelines to measure how successful the war is going in afghanistan. our top military official there, general stanley mccrystal said the taliban is gaining momentum and we should be prepared to lose more of our troops in the coming months. the fellow for new american security. he returned from afghanistan where he served on general mccrystal's strategy review team. good to see you. glad you could be with us. >> sure thing. >>> we're talking about a report that talks about afghanistan and the possible solutions. the deterioration of the situation in afghanistan is conspicuous. general mccrystal told "the wall street journal" that the taliban is gaining the upper hand. you recently returned from there, as you said, what did you find that the situation on the ground? >> the situation is deteriorating in one sense. the other sense, the american people should understand that it's not like the taliban or the network or any of these insur jebt groups in afghan
a 7.6 hit india ocean near the indian islands triggering a tsunami watch. >>> right now, the white house is working on a list of 50 new guidelines to measure how successful the war is going in afghanistan. our top military official there, general stanley mccrystal said the taliban is gaining momentum and we should be prepared to lose more of our troops in the coming months. the fellow for new american security. he returned from afghanistan where he served on general mccrystal's...
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Aug 31, 2009
08/09
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CSPAN
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they're probably going to other countries like india or thailand for medical tourism. >> one of the many ads ot issue of health care. americans for prosperity took a look at the canadian system. we'll watch it, come back, and get your reaction. >> i survived a brain tumor. but if i had relied on my government, i would be dead. i'm a canadian citizen. and as i got worse, my government health care system told me i had to wait six months to see a specialist. in six months i would have died. >> some patients wait a year for vital surgeries. delays that can be deadly. >> many drugs and treatments are not available because government says patients aren't worth it. >> i'm here today because i was able to travel to the u.s. where i received world class treatment. government health care isn't the answer and it sure isn't free. >> now, washington wants to bring canadian style health care to the u.s. but government should never come between your family and your doctor. learn more at patients united now.com. >> my advice to americans, as patients it's your care. don't give up your rights. >> until e
they're probably going to other countries like india or thailand for medical tourism. >> one of the many ads ot issue of health care. americans for prosperity took a look at the canadian system. we'll watch it, come back, and get your reaction. >> i survived a brain tumor. but if i had relied on my government, i would be dead. i'm a canadian citizen. and as i got worse, my government health care system told me i had to wait six months to see a specialist. in six months i would have...
WHUT (Howard University Television)
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Aug 12, 2009
08/09
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WHUT
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eye 514
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mumbai -- the worst affected in india where 11 of the country's 15 swine flu deaths occurred. a leading member of khmer rouge there ruled cambodia in the 1970's asked for harshest punishment at his trial for war crimes of murder. he tells the united nations- backed tribunal that he accepted responsibility for the sorrow and suffering of the 1 million cambodian people who lost husbands and wives. militants in northern afghanistan attacked a government building, killing a district police chief and at least one of his offices. the assault happened in the province where violence has increased in recent months. reports say the attackers struck before dawn with small arms and rocket-propelled grenades. starting a long gun battle. erin is here, so it is that time. we can look ahead to your business report. there are figures coming out -- a statement coming out of the fed in new york. >> the interest rate decision. but all expectations is it they will not do anything. they will be zero of the moment. >> but the context is more important. >> it is what ben bernanke, the u.s. fed chairm
mumbai -- the worst affected in india where 11 of the country's 15 swine flu deaths occurred. a leading member of khmer rouge there ruled cambodia in the 1970's asked for harshest punishment at his trial for war crimes of murder. he tells the united nations- backed tribunal that he accepted responsibility for the sorrow and suffering of the 1 million cambodian people who lost husbands and wives. militants in northern afghanistan attacked a government building, killing a district police chief...
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Aug 2, 2009
08/09
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CSPAN2
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were subjected to what he called the savage injustices of the europeans and particularly in conquered india, as the prime concern. we can easily think of m blocks today. hits observation in fact is one of the few solid and enduring principles of international and domestic affairs. well to keep in mind. at the food crisis is a case in point. it erupted first and most dramatically in haiti in the early 2008, and like bangladesh, haiti is a symbol of the utter misery. like bangladesh, when the european explorers arrived, they said they were stunned because it was so remarkably rich in resources. later it became the source of much of france's wealth. i am not going to run through this sordid history but the current food crisis traces back directly to woodrow wilson's invasion of haiti, which was murderous and brutal and destructive. among wilson's many crimes was to dissolve the haitian parliament at gunpoint, because if refused to pass what was called progressive legislation which would allow u.s. businesses to take over haitian lance. wilson marines then ran a free election in which the legis
were subjected to what he called the savage injustices of the europeans and particularly in conquered india, as the prime concern. we can easily think of m blocks today. hits observation in fact is one of the few solid and enduring principles of international and domestic affairs. well to keep in mind. at the food crisis is a case in point. it erupted first and most dramatically in haiti in the early 2008, and like bangladesh, haiti is a symbol of the utter misery. like bangladesh, when the...
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Aug 1, 2009
08/09
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CSPAN2
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partly because of goldman sachs's partnership with history which has managed to india the corporate culture even today. unfortunately, although some people would disagree, i think regulators need to get more involved. and having a system whereby a group of bankers is essentially free to develop as fast as they went to the degree that they want with very little external oversight, journalists and regulators and politicians and somehow hope that they will, through sheer goodness of spirit and collective rationality, will keep their activities in check and not go mad, is naive. baking is too important to be left to bankers alone. if the people who run nuclear power plants were paid kilowatt of energy they pump out, so you have to pump out as much as they can and the more they pump out, the more successful they look, it would be over by now. we need to look in banking to other kinds of activity and ask what lessons we can learn about risk control. one of the ironies that everyone talks about, financial engineering, if you are actually an engineer building bridges, you talk about things like saf
partly because of goldman sachs's partnership with history which has managed to india the corporate culture even today. unfortunately, although some people would disagree, i think regulators need to get more involved. and having a system whereby a group of bankers is essentially free to develop as fast as they went to the degree that they want with very little external oversight, journalists and regulators and politicians and somehow hope that they will, through sheer goodness of spirit and...
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Aug 15, 2009
08/09
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CSPAN2
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eye 144
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i it goes back to the origins of world trade, as far back as the east india company and hudson bay company, nothing particularly new to being a diplomat or preacher or businessman or woman. for decades, ibm employees have said the initials stand for i have been moved. what is new? the growth of the numbers of corporate freeloaders. the breadwinners, i will start -- what is new is the growth in the numbers of corporate relos, a number i estimate to be ten million people. the breadwinners and their families and how that has grown with the growth of the american economy. american foreign trade, to cite a statistic, all the goods and services that we buy and sell abroad, from $400 billion in 1970 to over $3 trillion now. as companies, american and foreign, they need people to carry their banner and build business far from home. you have not heard the word relosville because i made it up. they are cereal long-distance movers. the word relos probably a originated among suburban real estate agents who specify in catering to them. relos tend to reduce the tween moves in relovilles, suburbs caterin
i it goes back to the origins of world trade, as far back as the east india company and hudson bay company, nothing particularly new to being a diplomat or preacher or businessman or woman. for decades, ibm employees have said the initials stand for i have been moved. what is new? the growth of the numbers of corporate freeloaders. the breadwinners, i will start -- what is new is the growth in the numbers of corporate relos, a number i estimate to be ten million people. the breadwinners and...
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Aug 16, 2009
08/09
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CSPAN2
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it goes back to the origins of world trade to the east india company and hudson bay company. there is nothing particularly new to be a fruitless soldier and diplomat or preacher or businessman or woman for decades ibm employees have said the initial stand for i have been moved. what is new, the relos themselves, the breadwinners -- i will start -- what is new is growth in numbers of corporate relos, a figure i estimate to be about 10 million people, that is the breadwinners themselves and their families and how that has grown with the growth of the american economy. american foreign trade to cite a statistical the goods and services we buy and sell abroad has leaped from about $400 million in 1970 to over 3 trillion now as companies american and foreign compete. they need people to carry their banner and build business far from home. you've not heard the word reloville because i made it up. it is about workers and families frequently relocating, they are see real long-distance movers. the word relos originated among agents who specialize in catering to them. relos tend to roa
it goes back to the origins of world trade to the east india company and hudson bay company. there is nothing particularly new to be a fruitless soldier and diplomat or preacher or businessman or woman for decades ibm employees have said the initial stand for i have been moved. what is new, the relos themselves, the breadwinners -- i will start -- what is new is growth in numbers of corporate relos, a figure i estimate to be about 10 million people, that is the breadwinners themselves and their...
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Aug 2, 2009
08/09
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CSPAN2
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eye 125
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these people have access in how the world is governed and what opportunities young people have been india, brazil and developmentally 30 years ago with more anbar but they know in the arab world they have slipped further and further behind. the desire to join the rest of the world as part of a global trend is a very powerful tool. >> thank you. other questions or comments? >> originally i am from somalia. the last two months i have had a glimmer of hope one of these was the center for training of human rights event of. we have just launched and i found an activist double feature from bahrain particularly. and women with the traditional attire and some of them went to the trainings but they point* out the difference but together [inaudible] one person from doha was not that much educated but taking a real issue in his country at one point* they said he should be removed from the meeting. so i am thinking that the possibility of the incite with some newspapers the other is the establishment is part of the commission for human rights. where independent people come together maybe this is the
these people have access in how the world is governed and what opportunities young people have been india, brazil and developmentally 30 years ago with more anbar but they know in the arab world they have slipped further and further behind. the desire to join the rest of the world as part of a global trend is a very powerful tool. >> thank you. other questions or comments? >> originally i am from somalia. the last two months i have had a glimmer of hope one of these was the center...
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Aug 23, 2009
08/09
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CSPAN2
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alan ginsberg happened to be in india in 1961 and 1962. he had gone over to find out what it was that spiritual leaders in india knew that leaders in the west didn't. and he went about india during an 11-month stay in the country, trying to meet with every holy man he could, including the dalai lama. at the time ginsberg was experimenting with lsd and other substances like that, to see whether one could achieve consciousness through mind expanding drugs. and so he asked the dalai lama, he said what do you think about using lsd as a way of achieving parallel states of awareness in tibetan buddhism and he had a conversation about that. the dalai lama sort of teased him and said tell me about the extra sensory powers you get with lsd, can you see for example what's inside my brief days over there and the dalai lama said no no, it's knots like that. he offered to share some lsd to try it if he wanted to see how it worked. in this period in 1962, i don't think it was even illegal yet. i think it was 1965 before it was actually outlawed, but gin
alan ginsberg happened to be in india in 1961 and 1962. he had gone over to find out what it was that spiritual leaders in india knew that leaders in the west didn't. and he went about india during an 11-month stay in the country, trying to meet with every holy man he could, including the dalai lama. at the time ginsberg was experimenting with lsd and other substances like that, to see whether one could achieve consciousness through mind expanding drugs. and so he asked the dalai lama, he said...
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Aug 8, 2009
08/09
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CSPAN2
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four or five weeks ago i was in india for the first time. very excited. very early in the morning about to visit the taj mahal and picked up the paper as i was going into breakfast and there was a picture of gabriel marquez whoever ran the newspaper new it was a face that readers would recognize. he was very well known in india and the story rather marquez would ride together. to be put on the front page in terms whether he would write again and the same would happen if you ask in india or turkey, they might or might not know but they do know those people who read. which is why i have asserted high maybe wrong, but he is perhaps the world's first global novelists. 100 years of solitude which he published in 1967 was the world's first global novel that would make sense because it makes the transition from what we call traditional society mainly preliterate society from technology society that most countries are. one of the things i discovered >> it appears in the headlines and latin american newspapers and they know what is peacock. >> one of the things th
four or five weeks ago i was in india for the first time. very excited. very early in the morning about to visit the taj mahal and picked up the paper as i was going into breakfast and there was a picture of gabriel marquez whoever ran the newspaper new it was a face that readers would recognize. he was very well known in india and the story rather marquez would ride together. to be put on the front page in terms whether he would write again and the same would happen if you ask in india or...
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132
Aug 12, 2009
08/09
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CSPAN
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eye 132
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they can go to india and china and have lower wages, lower costs. what is going to keep them here. >> you have raised to a very important questions. -- two very important questions. on cap and trade, the house of representatives have passed a bill that has a lot of problems. we have not gotten a bill in the senate. we understand the kinds of concerns you have raised. we're going to take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax. you raise a question of employee choice. that bill is in the process of being negotiated. there will not be a time line which will be so fast that people will not have an opportunity to understand what the issue is. you comment about the secret ballot, and i think we have to maintain a secret ballot, which you agree with. we're trying to work through the other facets of it on arbitration, but bearing in mind the concerns and worries that you have raised. no. 24. who has 24? yes, sir? don shapiro in 1997, i was diagnosed with a thyroid condition that put me in the hos
they can go to india and china and have lower wages, lower costs. what is going to keep them here. >> you have raised to a very important questions. -- two very important questions. on cap and trade, the house of representatives have passed a bill that has a lot of problems. we have not gotten a bill in the senate. we understand the kinds of concerns you have raised. we're going to take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax....
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Aug 15, 2009
08/09
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CSPAN2
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eye 462
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what is her sense about this freedom in india? >> i think that obviously we talk at the department of state about many universal principles. we have talked about in in a variety of contexts. but certainly, freedom of expression and religious freedom we think are hallmarks of stable progressive societies in the 21st century. it is obviously important to us. i can't say to what degree it came up during the secretary's conversations last month but clearly this is an area which we think it obviously is across the globe a source of potential stability. and we believe that those societies that practice significant tolerance will be those that advanced most significantly in the coming years. >> following yesterday's question [inaudible] press doing equipment such as a helicopter. and if so, will the u.s. supply and what is the mechanism? >> well, the taiwan authorities have requested additional assistance, and we are currently considering our best to assist taiwan's with its urgent humanitarian needs what form that takes i think it is to
what is her sense about this freedom in india? >> i think that obviously we talk at the department of state about many universal principles. we have talked about in in a variety of contexts. but certainly, freedom of expression and religious freedom we think are hallmarks of stable progressive societies in the 21st century. it is obviously important to us. i can't say to what degree it came up during the secretary's conversations last month but clearly this is an area which we think it...
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Aug 11, 2009
08/09
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WETA
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ina, india, bzil. i thi they are already showing it. they a already goinging that far. 9 united states knew far better than i h things are ing. but you still see bo in the united stas and europe news of j layoffs andlthough theinancial sector seems to be in less bad shape, let's put it that way, the realconomy, one hopes against hope that things a going to look better. but you still kee reading about job layoffs. and until that allyurns, and i don't know if that i going to happen before the end of this year, it's very difficult toell how, when we're gointo come out of it. i don't think it a question off, ofourse we will come out oit. so when we come out of this, when the global economy is back, what will be different? >> i think there will be a lot mo caution. people are going to be a lot moreautious about what th're investing in. i think govnments are going to have to b more cautious. i thinkhe companies going out and doing multimilli dollar acquisitionsre going to be a lot more utious. and th may not be a bad thin it's been said that
ina, india, bzil. i thi they are already showing it. they a already goinging that far. 9 united states knew far better than i h things are ing. but you still see bo in the united stas and europe news of j layoffs andlthough theinancial sector seems to be in less bad shape, let's put it that way, the realconomy, one hopes against hope that things a going to look better. but you still kee reading about job layoffs. and until that allyurns, and i don't know if that i going to happen before the end...
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Aug 12, 2009
08/09
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WETA
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. >> take for a moment what he is doinin india. >> yes. >> charlie: deloping a lile sedan for $2,300. >> right, rht, right. >> where do you put that in th wholequation of wher the future of cars are? >> well i thi it is a gd idea to haveffordable cars. >> you kw, i think t problem with something ke nana, tata, t a problem i think it is a great idea, and he is a gentleman and a holar. >> chaie: all of those i agree with. it is hard no to. >>es. exactly. i thinkhat as we look at e gasoline of the price of that rising, and ihink oil-- >> and inevitae -- do you have some sumptions in your own calculations as to where oil will level off? >> i thinkt will exceed the numbers we have seen last ye. >> 144? >> oh, yeah. re. solutely, i think we will see it approach $200 and bond. >> charlie: by 2010, 11, 12? something like that? >> whenevethe next boom is, as i say the next boom is four years from nowit will be around that point. >> charlie: of a of your businesses, which one do you care the mos about? >> well,right now,y time is split rougy evenlbetween tesland space xo i guess it woul be pret
. >> take for a moment what he is doinin india. >> yes. >> charlie: deloping a lile sedan for $2,300. >> right, rht, right. >> where do you put that in th wholequation of wher the future of cars are? >> well i thi it is a gd idea to haveffordable cars. >> you kw, i think t problem with something ke nana, tata, t a problem i think it is a great idea, and he is a gentleman and a holar. >> chaie: all of those i agree with. it is hard no to....
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463
Aug 14, 2009
08/09
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WETA
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eye 463
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. >> charlie: but a lo she en goes to india,o kenya, correct? yes. >> charlie to happy valley, was it? >>called hay valley. became known as happy valley afte everye learned about the game she was playing. >> crlie: but that'shen it gets interesting, isn't it? >> yes. it gets extremelyinteresting. therwas an abandonedme of the social rule there. idena's mother, grandmother broken socia rules, her mother d been a keyoman sufferragist introduced the laboparty. anddivorced h husband spectacularl broken the rules in this way. idena chose to break the rules she did so in kenya. by behaving sexually as men could. it was more permissib for men to take multipl lover idena -- >>harlie: decided she could. >> yes. it was also extreme intereing in terms of kenyan life wasextremely -- africa is fantastic continent. 's hop not i can,life there is very exciting becse you're on the edge of physil danger so much of the te. idena had farm there, she was a ve successful farmer,e bred e best jersey dairy herd. she introduced the crop, worked very hard but that also
. >> charlie: but a lo she en goes to india,o kenya, correct? yes. >> charlie to happy valley, was it? >>called hay valley. became known as happy valley afte everye learned about the game she was playing. >> crlie: but that'shen it gets interesting, isn't it? >> yes. it gets extremelyinteresting. therwas an abandonedme of the social rule there. idena's mother, grandmother broken socia rules, her mother d been a keyoman sufferragist introduced the laboparty....
WHUT (Howard University Television)
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Aug 12, 2009
08/09
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WHUT
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in, but daimler, daimler didÑi actually, so i went -- we went to stuttgart and went down the way to india, actually, and met with doctor, whoever was the head of r&d we had a conversation and what does it take to work together and we would love to do something, we would life to do something with an affordable mass market car that we ourselves can't do right now because we don't have the capital. >> and so i said, want, you know, what about an electric smart? because the smart was always intended to be an electric car. and wha what it would take for o work together well if you could do a prototype that would really go a long way so we did. we worked really hard at the power train team, and 40 days later when they came out to visit we said here is the car, take a drive. and they really liked what they saw. >> charlie: and so what did they do then? >> then they said, okay, well let's take it another step further and they gave us a little r&d contract and eventually got to the point where we got the contract for -- to supply 1,000 cars for them and then if we do well in that we will potential
in, but daimler, daimler didÑi actually, so i went -- we went to stuttgart and went down the way to india, actually, and met with doctor, whoever was the head of r&d we had a conversation and what does it take to work together and we would love to do something, we would life to do something with an affordable mass market car that we ourselves can't do right now because we don't have the capital. >> and so i said, want, you know, what about an electric smart? because the smart was...
609
609
Aug 1, 2009
08/09
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FOXNEWS
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eye 609
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gobbing infants from the roof of a mosque in india. >> alysin: line? >> clayton: hundreds of babies under the age of two or shaken in the air like that for being dropped off the roof of the b merger got the shrine in western india. despite protests from child's local officials say there are no reports of injuries. steve i would never got to the why. there are 5w's in the news story >> clayton: brings good luck to the child for the rest of their life. she won that one doesn't look like he feels he is lucky speak either need therapy to rest of their lives. >> clayton: the best part is you grow up, you don't know you got dropped off a roof. a jimmy, when you're just a baby we dropped you off the roof of "fox news" building out here beside that's not healthy. let's talk health care reform. it takes a huge step forward on friday. the house fortunate last-minute compromise. joining us from washington is caroline shively. caroline, this book came in very late. a long busy day in the house, right? >> right, the vote did not come down until after 10:00 o'clock.
gobbing infants from the roof of a mosque in india. >> alysin: line? >> clayton: hundreds of babies under the age of two or shaken in the air like that for being dropped off the roof of the b merger got the shrine in western india. despite protests from child's local officials say there are no reports of injuries. steve i would never got to the why. there are 5w's in the news story >> clayton: brings good luck to the child for the rest of their life. she won that one doesn't...
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487
Aug 30, 2009
08/09
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FOXNEWS
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and pakistan over the weapons development and could trigger an arms race with india the u.s. tried to end and pakistan denies this accusation. well, presidents, family and friend gave a final farewell to senator ted kennedy at a two hour service at the bah celica of our lady of perpetual health in boston. one of the; is that right's sons, ted kennedy, jr. remembered his dad. >> he said, teddy, republicans love this country just as much as i do. and one of those wonderful experiences that i will remember today is how many of his republican colleagues are sitting here right before him. that's a true testament to the man. >> the senator's final resting place is at arlington national cemetery next to his brothers, robert and john f. kennedy. an autopsy of celebrity disc jockey dm. more tests are planned. remembering the last time he was heard from 1 a.m. on friday when he sent a text message to two budies planning a trip to legislation. he was found dead with a crack pipe and a half empty back of crack cocaine in his sweat pants. he was just 36 years old. and those are your headl
and pakistan over the weapons development and could trigger an arms race with india the u.s. tried to end and pakistan denies this accusation. well, presidents, family and friend gave a final farewell to senator ted kennedy at a two hour service at the bah celica of our lady of perpetual health in boston. one of the; is that right's sons, ted kennedy, jr. remembered his dad. >> he said, teddy, republicans love this country just as much as i do. and one of those wonderful experiences that...
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385
Aug 20, 2009
08/09
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HLN
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eye 385
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the world's cheapest automobile is now in people's driveways in india. this car that you can buy in india for $2,500, that's right, a full four-door car, seats four people, a fifth you don't. is now available and selling like crazy. can and you may wonder, why am i telling you about a car that is only available in india. big news. this car just passed the european union safety and crash test. which are somewhat similar to ours and europeans are already buzzing that they're going to be able to buy a car that even with the modifications for europe, will end up being somewhere around $3,500. what about us? well, i want you to know for us, this is a clear trend that we are going to see in the next few years cars cheaper than you ever imagined. about the price of a motorcycle. i'm clark howard. for more ways to save, go to cnn.com/clarkhoward. >>> and you get great consumer advice from clark weekends right here. saturdays and sundays clark howard at noon and 4:00 eastern right here on hln. >>> americans are living longer than ever and a new cdc report says li
the world's cheapest automobile is now in people's driveways in india. this car that you can buy in india for $2,500, that's right, a full four-door car, seats four people, a fifth you don't. is now available and selling like crazy. can and you may wonder, why am i telling you about a car that is only available in india. big news. this car just passed the european union safety and crash test. which are somewhat similar to ours and europeans are already buzzing that they're going to be able to...
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339
Aug 25, 2009
08/09
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FOXNEWS
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eye 339
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south korea wants to be a regional , along with china, japan, and india. jane: concerns today about flood controls built to protect new orleans in the wake of a hurricane. a federal investigation found that they may not work. the army corps of engineers installed new pumps after katrina and were supposed to be able to pump millions of gallons of water out of the city, which is below sea level. they were not tested, and cost hundreds of millions of dollars. now the federal office of special counsel calls them unreliable. the army corps of engineers could have saved for another $30 million buying equipment proven to work. so far, the court has declined comment on this study. we will let you know if they do make a statement. jon: harris faulkner continues with breaking news on the throgg's neck bridge in new york city. >> this is been the scene of real problem since the start of the renovation on this bridge. today, it actually includes a fatality. this is the scene we have been showing you all morning long. a worker has fallen near craned -- near a crane. wo
south korea wants to be a regional , along with china, japan, and india. jane: concerns today about flood controls built to protect new orleans in the wake of a hurricane. a federal investigation found that they may not work. the army corps of engineers installed new pumps after katrina and were supposed to be able to pump millions of gallons of water out of the city, which is below sea level. they were not tested, and cost hundreds of millions of dollars. now the federal office of special...
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Aug 22, 2009
08/09
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other rooms we tend to be more austere about things that this is where all the things from pakistan or india or iraq or indonesia where they end up and things have soared sort of hidden values. religion fascinates me so you get the southeast asian religious figures of course, but it tells us to behave ourselves, a little stream, put it around your neck. it is a begging bowl from afghanistan picked up in a bizarre. the work is very fine if you look and the thing is you don't want to publish something like this. let the dirt of the sentry on it. my brother gave me these for christmas because we had some when we were children and it's just a reminder of when we were kids. they are called britain's, these little soldiers. but the most important thing in this room by far even more important than the books, pictures of my wife. they are all over the house. when i write, my goal is not to disappoint my wife, not to dismay her. it doesn't mean i want to make her angry. we want to disagree on things but my test is have i written sufficiently honest with enough integrity to pass the kathryn mcintyre p
other rooms we tend to be more austere about things that this is where all the things from pakistan or india or iraq or indonesia where they end up and things have soared sort of hidden values. religion fascinates me so you get the southeast asian religious figures of course, but it tells us to behave ourselves, a little stream, put it around your neck. it is a begging bowl from afghanistan picked up in a bizarre. the work is very fine if you look and the thing is you don't want to publish...
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Aug 23, 2009
08/09
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CSPAN2
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library is the most cluttered room in the house i tend to be a little more austere but from pakistan or india or an iraq or indonesia weird you end up? but they do have some hidden values religion fascinates me but the southeast asia and religion figure of buddha telling us to be gave ourselves put strings around it is a begging bowl from afghanistan. the work is a very fine and if you look you do not want to polish to something like this. my mother gave me these because we're a little when we were children we had some. it is a reminder of when we were kids. they are called britons, these little mental soldiers. but the most important thing in this room, by far, even more important than books, pictures of my wife. they are all over the house. she is slavic but when i write, my goal is not to disappoint not to dismay i do not want to make per angry but my test really is and i have written a sufficiently honestly with enough integrity to pass the catherine mcintyre peters test roi also have another test at penn state as the underground -- undergrad in the late '60s when it was voted number one
library is the most cluttered room in the house i tend to be a little more austere but from pakistan or india or an iraq or indonesia weird you end up? but they do have some hidden values religion fascinates me but the southeast asia and religion figure of buddha telling us to be gave ourselves put strings around it is a begging bowl from afghanistan. the work is a very fine and if you look you do not want to polish to something like this. my mother gave me these because we're a little when we...
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Aug 11, 2009
08/09
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HLN
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the first earthquake was a magnitude 7.6 in indian ocean near india's andaman islands. the second quake was a 6.5 magnitude near tokyo. tsunami warnings issued but later taken back. >>> the same state senator called for sanford to resign after having an affair and now this republican calls for sanford to resign after book in first class flights to european. and he says they are wrong. >>> police are looking for man holding a gown a woman's head during a bank robbery. it shows the man pointing a gun toward a teller and threatens to take a customer hostage. the woman was able to get away but the suspect did take some money. >>> talk about somehow getting lost in translation. secretary state hillary clinton got angry during a q&a session with congolese university student. the student speaking in french asked what president obama would think about chinese financial contracts with congo. but the translator apparently made a mistake and asked secretary clinton what mr. clinton would think. that didn't go over very well. >> you want me to tell you what my husband thinks? my hu
the first earthquake was a magnitude 7.6 in indian ocean near india's andaman islands. the second quake was a 6.5 magnitude near tokyo. tsunami warnings issued but later taken back. >>> the same state senator called for sanford to resign after having an affair and now this republican calls for sanford to resign after book in first class flights to european. and he says they are wrong. >>> police are looking for man holding a gown a woman's head during a bank robbery. it shows...
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Aug 17, 2009
08/09
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. >> my other yeah -- question was on the geography between pakistan and india. is it critical that the united states try to play a role? that's on really problematic with respect to the indians in terms of defusing tensions between india and pakistan. is that outside 9 postal -- the portfolio of this group? >> it is outside the portfolio of my job. on the other hand, i am in constant touch with the indians. i met with the indians continually. the new ambassador in washington and i have had dinner recently and she and i are in close touch. i go to indio whenever the schedule permits. i stress we're completely transparent. the secretary of state and my close colleague assistant secretary for south asia, central asian affairs bob blake and i were in india recently and the indians are a major factor in the region. they're the dominant power. improveb -- improving u.s.-indian relations ha been a continual goal of the last three u.s.strations, all which i think have been successful in that regard, starting with president clinton's trip in 2000. i will keep the indians
. >> my other yeah -- question was on the geography between pakistan and india. is it critical that the united states try to play a role? that's on really problematic with respect to the indians in terms of defusing tensions between india and pakistan. is that outside 9 postal -- the portfolio of this group? >> it is outside the portfolio of my job. on the other hand, i am in constant touch with the indians. i met with the indians continually. the new ambassador in washington and i...
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Aug 24, 2009
08/09
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india, another rising power and the world's most populous democracy, is traditionally not inclined to support our western inclination to support human rights and economic pressure and military intervention. nor are many of the growing economic power centers in the world, brazil or in the call. not only has the world not converting around our own democratic norms, but according to a survey, global freedom to his third year of decline in 2008, but nearly powerful democratic nations do not share our view of how to conduct foreign policy. the liberal interventionism has generated much debate in britain. but the varying degrees, all have subscribed to it. the economic conditions have enjoyed some support as has military intervention in many countries. iraq being a much more controversial case, but heavily supported at the time. we're all agreed that we would try to intervene in another situation. but in the years and decades to come, the rise of other nations will constrain our ability to act in this way. a further constraint will come in the form of tightly controlled military budgets. th
india, another rising power and the world's most populous democracy, is traditionally not inclined to support our western inclination to support human rights and economic pressure and military intervention. nor are many of the growing economic power centers in the world, brazil or in the call. not only has the world not converting around our own democratic norms, but according to a survey, global freedom to his third year of decline in 2008, but nearly powerful democratic nations do not share...
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Aug 24, 2009
08/09
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on top of that, the huge expansion of economy such as china and india means that in our working lifetimes, the size of the european economy relative to address the world looks set to shrink dramatically. projections have shown europe's share of the world economy declining from 18% to 10% by the middle of the century, and even the united states is not immune from the effect of economic problems. this diminished economic weight will have a major impact on the ability of western nations to achieve their foreign policy goals. we are used to the idea of calling for economic sanctions against nations whose human rights records we find an acceptable. south africa under apartheid being a celebrated example. now we apply them to recalcitrant and regimes. it is already clear that the power of such economic weapons is declining. it follows from this analysis that it will decline much further in the years to come. what is more, much of the economic weight in the world is passing the countries which either do not fully share our concepts of democracy and human rights or for their own reasons are oppos
on top of that, the huge expansion of economy such as china and india means that in our working lifetimes, the size of the european economy relative to address the world looks set to shrink dramatically. projections have shown europe's share of the world economy declining from 18% to 10% by the middle of the century, and even the united states is not immune from the effect of economic problems. this diminished economic weight will have a major impact on the ability of western nations to achieve...
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Aug 26, 2009
08/09
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CNBC
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g-7 is outdated, doesn't include china, india, and other bodies are also not as effective. and to see this coming meeting is loud to lapse is an issue. i hope in the next few weeks we jump-start this process. >> i would use your term to the bank of england directly. if you're going to be a player and regulator, you don't win, then if you're the referee and the player and you can't win, then you've got a real problem on your hands. certainly i think our fed has done a better job to say we are going to get out of qe first and use other facilities to keep the system working the best we can. >> mohammed a couple of quick crude market questions before we run out of time. back on july 28th, headlines ran that said, as you know, el-erian said stock rally won't continue with lack of revenue. el-erian selling into corporate bond equity rally. is that still happening? do you think markets have hit their high for the year? >> we position ourselves more cautiously. we think at these levels risk assets of pricing a lot of good news, not just about fiscal stimulus, not just about invento
g-7 is outdated, doesn't include china, india, and other bodies are also not as effective. and to see this coming meeting is loud to lapse is an issue. i hope in the next few weeks we jump-start this process. >> i would use your term to the bank of england directly. if you're going to be a player and regulator, you don't win, then if you're the referee and the player and you can't win, then you've got a real problem on your hands. certainly i think our fed has done a better job to say we...
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Aug 10, 2009
08/09
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CNBC
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and they also saw the same thing in brazil, india, and china. >> well, you know, there was massive government intervention. >> right. >> massive, around the globe. here we go. at the big board, javelin investment management celebrating the recent look at jet dow jones islamic market international index fund. i don't get where the -- >> where the jets. >> i'll finger out where the jets come from. and at the nasdaq, the mt. sinai medical center. >> market reporters are standing by. let's get there. opening down 42. not full any open. bob, take it away. >> freddie mac is up here nicely, 122. that's a nice little move up there. 45-cent move. bottom line is, for the first profits in nearly of two years, sited a number of different things. change in accounting, that is kind of important. lower funding costs. gains in the company's derivative portfolio. fannie and freddie were the two most actively traded stocks. they don't need additional funding or financing from the u.s. government at this time. at this time is very important. they made a point of saying that could change here. elsewhere, dow com
and they also saw the same thing in brazil, india, and china. >> well, you know, there was massive government intervention. >> right. >> massive, around the globe. here we go. at the big board, javelin investment management celebrating the recent look at jet dow jones islamic market international index fund. i don't get where the -- >> where the jets. >> i'll finger out where the jets come from. and at the nasdaq, the mt. sinai medical center. >> market...
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Aug 27, 2009
08/09
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CNBC
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>> india. >> had to be one of those two, right? >> that's right. get your sole lan pan 234e8s now, the deals are hot. >>> as first time jobless claims drop the ten agency stocks including manpower are on a roll, who are more room for these stocks to run. let's have managing director, jeff covers staffing and educational companies. jeff, thanks so much for joining us. >> thanks for having me. >> what are you hearing from these companies in terms of what's going on? are a lot of temporary workers being hired, not really, what's going on? >> i think the worse is over. we're still seeing a year over year decline in temp hiring. but the rate of the year over year decline has been getting less worse, so to speak for the past few months. so the sector's not booming by any means. but definitely the worse is behind us. >> are temps the first thing that companies add back or do they go for, you know, maybe the solid workers are going to keep for a long time? how does it work? >> in most sectors, temp tends to be a leading indicator for full-time employment.
>> india. >> had to be one of those two, right? >> that's right. get your sole lan pan 234e8s now, the deals are hot. >>> as first time jobless claims drop the ten agency stocks including manpower are on a roll, who are more room for these stocks to run. let's have managing director, jeff covers staffing and educational companies. jeff, thanks so much for joining us. >> thanks for having me. >> what are you hearing from these companies in terms of what's...
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Aug 28, 2009
08/09
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CNBC
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>> it's going to have more of an impact on india where they consume huge amounts of sugar. in this country, first of all we pay twice the world price anyway because of the interference of the united states government. >> i love that. yeah, great. >> industrially, you know, processed foods, most of them switched over to high fructose corn syrup decades ago anyway. >> it's not you pouring sugar on those strawberries over there. >> that's minor. >> i love sugar. >> on the strawberries? >> major sugar person. there you go. i like splenda on my strawberries. >> spenda? >> i love it. tastes just like sugar. it's great. tastes just like sugar. >> i'll give eight shot. >> all right. >>> coming up, wild moves in a handful of stocks this week. following that trade, following the momentum plays and getting your money ready for the weekend. >>> and stay tuned to meet a small business owner who is beating the big boys at their own game. the owner of a local hardware store is seeing a boost in profits, even hiring in this economy. our small wonder series kicks off in just minutes. you're
>> it's going to have more of an impact on india where they consume huge amounts of sugar. in this country, first of all we pay twice the world price anyway because of the interference of the united states government. >> i love that. yeah, great. >> industrially, you know, processed foods, most of them switched over to high fructose corn syrup decades ago anyway. >> it's not you pouring sugar on those strawberries over there. >> that's minor. >> i love sugar....
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Aug 3, 2009
08/09
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CNBC
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you look at china and india, they have both upped their forecast for gdp growth this year. and there's going to be a lot of demand right there alone.e. you can say the same thing for cell phones, two-thirds of us in the developing world. >> it's going to be non-u.s., your industry for a while at least? >> yeah. and again, i think that's been the case for some time now. yeah. >> so, where are the fabs now? we talked about this last time. >> right, yeah. >> and i'd like to kind of keep track of that.t. we still have a lot of fabs in the u.s. of is this overseas demand resulting in a shifting of where we make them? >> with still have a lot of fabs in the u.s. we still are investing in new state-of-the-art leading edge technology, leading edge capability here in the u.s. both in terms of wafer size, 12-inch wafers, at the load level, dimension level.l. as a consequence of that, still about 70% of the u.s.-based companies, production is taking place here in the u.s. and we think that's going to continue for the next few years. >> do you know what i don't hear anymore, and maybe
you look at china and india, they have both upped their forecast for gdp growth this year. and there's going to be a lot of demand right there alone.e. you can say the same thing for cell phones, two-thirds of us in the developing world. >> it's going to be non-u.s., your industry for a while at least? >> yeah. and again, i think that's been the case for some time now. yeah. >> so, where are the fabs now? we talked about this last time. >> right, yeah. >> and i'd...
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954
Aug 23, 2009
08/09
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WBAL
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. >>> officials in india are blaming pakistani terrorists for the ten violent attacks in mumbai last week. u.s. secretary of state condoleeza rice is visiting the area hoping to ease tensions between the countries. >>> a surprising number of teens admit they cheat on tests. in fact, a study found 64% of high school students do it. teachers and students say there's a lot of pressure on teens to succeed. >>> as if 14 olympic gold medals weren't enough -- swimmer michael phelps has won a new title. "sports illustrated" named him sportsman of the year. >>> that's headlines for this week, for "teen kids news, i'm lauren. >>> most kids are able to take their health for granted. but not those who have to cope with an illness that starts when you're young and lasts a lifetime. felipe tells us what it's like to manage a life threatening disease. felipe? >> reporter: jessica, it takes a lot of responsibility. kids who have type 1 diabetes can never put it out of their mind. >> when i first found out, i couldn't believe it. i was scared. repr:ter: not lagg ag skyler found out he has a disease c
. >>> officials in india are blaming pakistani terrorists for the ten violent attacks in mumbai last week. u.s. secretary of state condoleeza rice is visiting the area hoping to ease tensions between the countries. >>> a surprising number of teens admit they cheat on tests. in fact, a study found 64% of high school students do it. teachers and students say there's a lot of pressure on teens to succeed. >>> as if 14 olympic gold medals weren't enough -- swimmer michael...
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Aug 18, 2009
08/09
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WJZ
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chelsea clinton with her mother india, many places. this is the first in recent memory that i've seen where they travel as a family. with the father. this is a great opportunity to see some places and learn some things. i would say that this is a family that likes to be together. >> i'm always mindful that the pressures of the job not get in the way of me spending time with malia and sasha. >> reporter: but is the travel inappropriate at a time of recession? katie couric asked the president. >> do i think the american people think that because those hardships, i shouldn't spend a little time with my daughters? i don't think that's how the american people think about it. >> reporter: the obamas see this as a family learning experience to travel with their children and the white house points out that the obamas pay for all the travel costs associated with the children's travel. and camp obama, by the way, isn't over. it continues next week at martha's vineyard. julie? >> can i enroll? you and me both bill. bill plante outside the white h
chelsea clinton with her mother india, many places. this is the first in recent memory that i've seen where they travel as a family. with the father. this is a great opportunity to see some places and learn some things. i would say that this is a family that likes to be together. >> i'm always mindful that the pressures of the job not get in the way of me spending time with malia and sasha. >> reporter: but is the travel inappropriate at a time of recession? katie couric asked the...
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Aug 22, 2009
08/09
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WJZ
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ring and denish are from india. in 2007, they were two of 30,000 contestants on the indian reality show "the million dollar arm" which promised a million dollars to anyone who could throw a baseball 90 miles per hour. ring finished first and was awarded $100,000 after topping out at 89 miles an hour. denish came in second. they got an unbelievable shot at their american dream. it is an amazing story. when they came to the states, they didn't speak any english. they didn't know anything about the game of baseball. they couldn't even understand why they needed to play with mitts. they preferred to play bare handed. now their odds at making a major league squad one day are long, but who would have thought a little movie titled "slum dog millionaire" would have won an oscar. >> absolutely right. >> they think this is a joke. we come and i throw hard and we win some money. >> reporter: they throw a baseball close to 90 miles an hour. they have been learning this new game and culture almost as fast. >> it was really hard.
ring and denish are from india. in 2007, they were two of 30,000 contestants on the indian reality show "the million dollar arm" which promised a million dollars to anyone who could throw a baseball 90 miles per hour. ring finished first and was awarded $100,000 after topping out at 89 miles an hour. denish came in second. they got an unbelievable shot at their american dream. it is an amazing story. when they came to the states, they didn't speak any english. they didn't know...
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seven weeks. >> you really went to india to shoot this? >> we shot in on location in mumbai, india. i went there for ten weeks. >> had you been before? >> no, it was an experience. >> quite the cultural shock. >> it was. but after ten weeks you get used to it. it is very beyond. it was intense but this was such a great, great project to do. it was just so much fun. as you said, i play a heightened version of myself. i go over there to break into the movies there. >> what do they make over you? >> in reality or on the show? >> in both. >> they're nice. they like me. i smile. >> how about in the movie? >> the movie? this movie? >> he gets the girl in the movie. >> yeah, i get the girl. it is actually a miniseries. three parts on ifc thursday, friday and saturday. >> that's not the girl you get, is it? >> no, that's the grandmother. i get another woman. >> not that she isn't lovely. >> there's nothing wrong with her. something lovely came out of her once. i mean a hot child. >> some of the actors from this miniseries were in sum dog millionaire as well. >> we have the exact same crew.
seven weeks. >> you really went to india to shoot this? >> we shot in on location in mumbai, india. i went there for ten weeks. >> had you been before? >> no, it was an experience. >> quite the cultural shock. >> it was. but after ten weeks you get used to it. it is very beyond. it was intense but this was such a great, great project to do. it was just so much fun. as you said, i play a heightened version of myself. i go over there to break into the movies...
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Aug 12, 2009
08/09
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they can go to india and china and have lower wages, lower costs. what is going to keep them here. >> you have raised to a very important questions. -- two very important questions. on cap and trade, the house of representatives have passed a bill that has a lot of problems. we have not gotten a bill in the senate. we understand the kinds of concerns you have raised. we're going to take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax. you raise a question of employee choice. that bill is in the process of being negotiated. there will not be a time line which will be so fast that people will not have an opportunity to understand what the issue is. you comment about the secret ballot, and i think we have to maintain a secret ballot, which you agree with. we're trying to work through the other facets of it on arbitration, but bearing in mind the concerns and worries that you have raised. no. 24. who has 24? yes, sir? don shapiro in 1997, i was diagnosed with a thyroid condition that put me in the hos
they can go to india and china and have lower wages, lower costs. what is going to keep them here. >> you have raised to a very important questions. -- two very important questions. on cap and trade, the house of representatives have passed a bill that has a lot of problems. we have not gotten a bill in the senate. we understand the kinds of concerns you have raised. we're going to take them up and see to it that we do not have the consequences of exporting jobs or imposing a great tax....
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Aug 22, 2009
08/09
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their lives, just fall, so my sweetheart and i will be going on a journey in november to vietnam and india and sri lanka because i want to among other things come and get more of an understanding of how we can start to feed more people and make them more healthy so that when you do coded visit them you are not looking a lot of the impoverished people. you were looking at people who could look back at you and say, what is it? so i have been very interested in this organization called heifer international. >> host: heifer? >> guest: heifer da capo. they have come up with an incredible thing in a catalog, the most important catalog he will ever receive and it is because you can order water buffalo, the cows, chickens, ducks, pigs, rabbits, all kinds of animals and you can arrange for them to be sent to people who don't have them, and then someone will go to them and teach them how to take care of them, how to get milk and make cheese and how to sell your profit and then, when your animal has a child, whatever, a calf or a pig, then you give that to your neighbor, give that to somebody else in
their lives, just fall, so my sweetheart and i will be going on a journey in november to vietnam and india and sri lanka because i want to among other things come and get more of an understanding of how we can start to feed more people and make them more healthy so that when you do coded visit them you are not looking a lot of the impoverished people. you were looking at people who could look back at you and say, what is it? so i have been very interested in this organization called heifer...
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Aug 13, 2009
08/09
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the second that china and india are going to be powerful competitors. they are not a threat. they're a fact. you know, what we do about it is the challenge. they have every right to pursue happiness. i mean, they are as endowed by the creator. so they have every right to do this. and if you have a billion 300 chinese and a billion indians rolling up their sleeves, if you want this country to remain the most successful in the world, then you've got to be prepared to meet this competition. this will be one of the major debates in the next 10 years. are americans prepared to think through what it takes to compete with china and india or would we rather decay elegantly? because there's no middle ground. you're either deciding you're going to be in the competition and that's going to require a continuance change or you're deciding change is too hard. let's just give up and let them become the leaders of the world because it's too difficult for us to do it. but there's no middle ground about this. i recommend to all of you bob compton's movie "2 million minutes" you can access it
the second that china and india are going to be powerful competitors. they are not a threat. they're a fact. you know, what we do about it is the challenge. they have every right to pursue happiness. i mean, they are as endowed by the creator. so they have every right to do this. and if you have a billion 300 chinese and a billion indians rolling up their sleeves, if you want this country to remain the most successful in the world, then you've got to be prepared to meet this competition. this...
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Aug 17, 2009
08/09
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last month former president of india was detained but these people happen to be lastname, and so are muslims. anything to do? >> i wouldn't read anything into that. obviously we have close relationships with muslims around the world. it's one of the reasons the president felt special about the outreach to the muslims around the world as we did in his speech in cairo. and so i think there is an ongoing effort to obviously have policies that reflect that outreach but at the same time meets the security concerns. the united states. >> dostum. >> all the way in the back. we will go from back to front. >> quick follow-up on taiwan. i mean, was china informed or be consulted with before sending u.s. troops into taiwan? was chinese government informed of or been consulted with before sending u.s. troops in to tie one? >> i don't believe that we felt it was necessary to inform china in advance. obviously, this is a serious humanitarian situation that taiwan is facing. we have provided this kind of support in the past and we are happy to be able to do it this time as well. yes? >> chinese six
last month former president of india was detained but these people happen to be lastname, and so are muslims. anything to do? >> i wouldn't read anything into that. obviously we have close relationships with muslims around the world. it's one of the reasons the president felt special about the outreach to the muslims around the world as we did in his speech in cairo. and so i think there is an ongoing effort to obviously have policies that reflect that outreach but at the same time meets...
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Aug 25, 2009
08/09
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i called one time to the help lines and i was calling india. i want to talk to an american. we could use that money to lower the deficit here. that is about all i have to say. host: one of the headlines this morning is in the front page of "the washington post." ben bernanke to be reappointed as the fed chairman. we will hear from the president in about 35 minutes live from martha's vineyard, the renomination. senate confirmation hearing the fall. the reappointment would take effect in january of next year. we have and we will continue to be covering these town hall meetings here on this network all this week. we will show you a cross section of democrats and republicans as they meet with their constituents. one of the hearings will be live tonight in northern virginia, a town hall meeting from the reston, va., with congressman jim moran. joining him will be former chairman of national democratic committee, former dr. and governor of vermont, howard dean. a writer for the fairfax county * will be at the town hall meeting and also with freshman congressman gerry connolly in s
i called one time to the help lines and i was calling india. i want to talk to an american. we could use that money to lower the deficit here. that is about all i have to say. host: one of the headlines this morning is in the front page of "the washington post." ben bernanke to be reappointed as the fed chairman. we will hear from the president in about 35 minutes live from martha's vineyard, the renomination. senate confirmation hearing the fall. the reappointment would take effect...
WHUT (Howard University Television)
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Aug 25, 2009
08/09
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>>xiaosong: in addition to asean, the rmb can then be used as a trading currency with india, pakistan, russia, japan and korea. and the third step is to use the rmb globally. that's the general plan. >>reporter: actually, this is a huge plan - that's aimed at reducing the us dollar's dominance as an international currency. but first, beijing has got its work cut out. the country needs a social safety net to help through any financial shocks. and it should also liberalize its capital account and the convertibility of thecurrency. only then could the rmb hope to join the reserve currency club. >>song: and right now, we're not there yet. still we need a lot of time to build up china's capital market, banking system and also the social security and the insurance system. >>reporter: as for a time frame, the jury is divided - optimists cite 15 years, the pessimists 40 ! >>: for now, china will pay for brazilian sulphur in dollars. nonetheless, neighboring governments, eventhe us, welcome measures, albeit modest, that allow greater international use of the rmb. but some asean traders still n
>>xiaosong: in addition to asean, the rmb can then be used as a trading currency with india, pakistan, russia, japan and korea. and the third step is to use the rmb globally. that's the general plan. >>reporter: actually, this is a huge plan - that's aimed at reducing the us dollar's dominance as an international currency. but first, beijing has got its work cut out. the country needs a social safety net to help through any financial shocks. and it should also liberalize its capital...
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Aug 10, 2009
08/09
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. >>> from china, let's switch gears and head to india. ayesha joins us for the business report. >> it's been a volatile monday. asia was holding up. started off on a positive note. within minutes of trade it slipped down. around the 4500 level. just marginally holding. that's the case for the broader markets as well. what's dragging the indises down is the monsoon worries, which still hasn't picked up in certain key regions of the company. you have a couple of monsoon sectors. big draggers today. unilever stocks one of the losers today. what's gaining on the flip side is the entire i.t. sector. they are maintaining a good 6% gain right now. of course, pharma is holding up pretty well. in the meant, talking about monsoon, the worries clearly continue. they have actually stayed down the long-term forecast to 80% from the previous 95%. that as the market is watching. meantime, the swine flu death toll has risen in the country. in fact, it's gone up to six, with two deaths reported this morning in all. so that, of course, is bringing a flurry
. >>> from china, let's switch gears and head to india. ayesha joins us for the business report. >> it's been a volatile monday. asia was holding up. started off on a positive note. within minutes of trade it slipped down. around the 4500 level. just marginally holding. that's the case for the broader markets as well. what's dragging the indises down is the monsoon worries, which still hasn't picked up in certain key regions of the company. you have a couple of monsoon sectors....